Big Oil Stays Wary on Iran

13 Jul 2017   Iran

Iran’s ambitious agenda for its oil-and-gas industry is running up against the caution of big energy companies. At a major energy conference here, Iranian officials said French oil giant Total SA’s commitment of $1 billion toward a gas project this month marked a new chapter in the country’s energy business since the end of Western sanctions. Iranian officials promised 10 contracts like it in the next year and said they were…

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